In what way are projects and typical business activities similar?
A) For most companies, projects and typical business activities can be described as routine.
B) Both projects and typical business activities have a defined ending point at which time they are complete.
C) Projects and routine business activities require significant levels of cross-functional and interorganizational coordination.
D) The successful completion of projects and business activities is essential to a firm's competitive position.
Answer: D
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What types of companies have:
Sarah invests $2,700 today in an account that pays 6 percent interest compounded annually. She wants to know the total balance in her account five years from today. Identify the correct keystrokes to be used in a financial calculator to determine the total balance.
A. N = 6, I/Y = 5%, PV = 2,700 B. N = 5, I/Y = 6%, FV = -2,700 C. N = 5, I/Y = 6%, PV = 2,700 D. N = 5, I/Y = 6%, FV = 2,700 E. N = 5, I/Y = 6%, PV = -2,700
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